Rick Santelli Not Connected To Tea Party Website: CNBC

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DAVID BAUDER | March 2, 2009 08:06 PM EST | AP

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NEW YORK — CNBC says reporter Rick Santelli is not connected to a Web site that used his name to promote a series of political protests against President Barack Obama.

Santelli's name was stripped from headlines on the home page of Monday after its operator was made aware of CNBC's dissatisfaction. The site was operating within 24 hours after the reporter's self-described rant on Feb. 19, when he said the president's plan to help people in danger of home foreclosure was "promoting bad behavior." http://www.reteaparty.com

Video of Santelli's appearance at the Chicago Board of Trade has been seen nearly 2 million times on CNBC's Web site, more than anything the network has ever posted, and more than 855,000 times on YouTube.

Before it was altered Monday, the Web site described "Rick Santelli's Re-Tea Party" four times on its home page, urging people to organize for protests. It had an "About Rick" link with the CNBC on-air editor's profile, saying he "voiced the sentiment of millions of Americans on the stock market floor."

Scroll down to the small print at the bottom of the page and there's a disclaimer saying the site is a grass-roots effort promoted by the Political Exploration and Awareness Committee and that the "opinions expressed do not necessarily reflect the opinions of Rick Santelli."

Santelli's commentary struck a nerve among Americans, said CNBC spokesman Brian Steel. "To try to make anything more of his comment than that is ridiculous and without basis in fact," he said.

Despite the inherent dangers of others trying to use it for political purposes, CNBC's management supports Santelli's outspokenness, Steel said. It's a reflection of a trend on cable news over the past couple of years with Lou Dobbs, Bill O'Reilly and Keith Olbermann: clear points of view are big sellers.

Santelli posted a long letter on CNBC's Web site Monday, where he said his rant was spontaneous and not scripted, as some critics have claimed.

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"Though it has been reported that I am a registered Republican I have no political agenda and any person, organization or media outlet that claims otherwise is inaccurate," he wrote. "I hope that the president and the final stimulus plan succeed."

Santelli, who was not made available for comment, had angrily criticized the president for policies that Santelli believed would reward people who had bought houses that they could not afford.

"This is America," he said, turning to traders on the floor. "How many of you people want to pay for your neighbor's mortgage that has an extra bathroom and can't pay their bills?"

When the traders around him began booing, Santelli said, "President Obama, are you listening?"

Anthony Astolfi, a California Web developer who was active in Republican Ron Paul's 2008 presidential campaign, said he stayed up all night putting the "reteaparty" Web site together. He and others online are using Santelli's statement to promote a Boston Tea Party-style protest against the government plan.

Using Santelli's name was the most effective way of drawing attention to his site, Astolfi said. He denied it was an attempt to mislead people into believing Santelli supported what they were doing.

"We put disclosure on the bottom of the site," he said.

The description of "Rick Santelli's Re-Tea Party" had been up for 11 days, along with comments from readers praising him.

Obama press secretary Robert Gibbs was quick to criticize Santelli for his comments. He urged him to print out a copy of Obama's plan and read it.

"I'd be happy to buy him a cup of coffee," Gibbs said in a White House briefing. "Decaf."

Santelli said later he felt he had been threatened by Gibbs. He was backed up by fellow CNBC personality Larry Kudlow, who called it "the worst press relations we've seen in our lifetime." Santelli was then asked about it late last week on NBC's "Today" show.

"If you go out of your way to call out the president of the United States, you have to expect his representative to go out of his way to call you out," Matt Lauer said. "Doesn't that go with the territory?"

Replied Santelli: "I don't know if he needs to throw out my name. I just have an issue with that."

NEW YORK — CNBC says reporter Rick Santelli is not connected to a Web site that used his name to promote a series of political protests against President Barack Obama. Santelli's name was strip...
NEW YORK — CNBC says reporter Rick Santelli is not connected to a Web site that used his name to promote a series of political protests against President Barack Obama. Santelli's name was strip...
 
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- Hawaii5-0 I'm a Fan of Hawaii5-0 16 fans permalink
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Took Santelli's advice and created an online vote about Santelli and his comments about homeowners getting bailouts and financial advice from CNBC. You can take the poll at http://www.pollpub.com/is-rick-santelli-a-callous-jerk-for-his-comments-about-homeowners-getting-bailouts.aspx

Hey Rick, are you listening?

    Favorite    Flag as abusive Posted 04:15 PM on 03/07/2009

Santeli not connected to teaparty group. Yeah, and a kite isn't connected to the string.

    Favorite    Flag as abusive Posted 03:13 PM on 03/04/2009
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Nice job of simply repeating CNBC's press release. How about including some of the evidence that Santelli is behind it?

For instance, the domain name ChicagoTeaParty.com was registered last August. Who was psychic enough to register that do you suppose?

It has to be a set-up and the chances are very very good that Santelli is in on it.

    Favorite    Flag as abusive Posted 11:08 AM on 03/04/2009
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Business reporters are like sports reporters, their only aim being to promote the big money earners. In fact calling them reporters is like calling commercials, fact disseminators. Their jobs are a joke.

    Favorite    Flag as abusive Posted 01:34 AM on 03/04/2009

The new face of the GOP,Crackhead Joe!Don't those Repubs have a new one every week.

    Favorite    Flag as abusive Posted 12:38 AM on 03/04/2009

Rick Santelli, Larry Kudlow, Charlie Gasperino, and Millissa Francis are the most negative of the CNBC " wall street water carriers ".........­. They really dont serve any purpose to us folks on main street , the way they demean and consider us as yesterdays garbage . They do not warrant their daily appearances on our public airwaves..­.... I`ll betcha` they dont have to worry about paying their mortages, and have to live paycheck to paycheck . And I know that is a bet that I`ll win, because I`m sure they get paid very handsomely by the " crooks " on wall street, and those " crooked " lenders , not to mention the salaries they receive from CNBC, that they dont deserve...­....
I know that Kudlow and Santelli are republicrooks, and I`m pretty certain that Gasperino, and Ms. Francis are also, so that is one of the reasons they want our president, and country to fail . Another reason is because the " de-facto ", leader of the republicrook party Rush " the druggie " Limbaugh demands that his " Zombies " tow the line and follow his lead , or suffer the consecquences of his wrath.....

    Favorite    Flag as abusive Posted 11:40 PM on 03/03/2009
- YunekFlava I'm a Fan of YunekFlava 69 fans permalink
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Does anyone recall Santelli "calling out" President Bush for looting this country, digging a big azzz hole and shoving us in it before he left office? I don't recall. Just in case he may not know, CHANGE is a four-letter word...WOR­K, and it is just beginning.

    Favorite    Flag as abusive Posted 10:37 PM on 03/03/2009
- endex05 I'm a Fan of endex05 22 fans permalink

Hey Santelli,
Who wants to pay aaany taxes? The Chinese will lend us the money we need. Yeah, let's protest-- but a tea party? Let's do a beer party instead. I hear the federales threatened your wife. I'll be right over with my plunger to stand guard at your house. Now that you lost your job as reporter, you're OK with your mortgage, right? Everything is going to be OK when Rush and Sarah run in 2012.
Joe the Unlicensed Plumber

    Favorite    Flag as abusive Posted 10:25 PM on 03/03/2009
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Pity he's hiding. I'd have liked to see Jon talk to him.

    Favorite    Flag as abusive Posted 10:15 PM on 03/03/2009

So a shill making OVER $250,000 gives a "spontaneous" outburst on a subject that has a multi-million dollar backer, holding a "Tes Party" website SINCE AUGUST 2008 is supposed to be just a "ko-inkie-dink"???

I don't think so!!!! Seems the BUSINESS interests have a LOT to lose if the PEOPLE manage to get control of our COUNTRY . . . and we can no doubt count on ONE HAND the number of high powered bankers and investment "geniuses" are making OVER $250,000 and have a VESTED interest in slamming Obama . . . .

    Favorite    Flag as abusive Posted 09:59 PM on 03/03/2009
- Bluesue I'm a Fan of Bluesue 21 fans permalink

Why did Playboy remove the post of their investigation that showed this whole Santelli thing was a setup?

Don't they know about cache?

http://74.125.95.132/search?q=cache:6PLzoxDYdKcJ:www.playboy.com/blog/2009/02/backstabber.html+Backstabber:+Is+Rick+Santelli+High+On+Koch%3F+-+The+Playboy+Blog&hl=en&ct=clnk&cd=1&gl=us

    Favorite    Flag as abusive Posted 09:35 PM on 03/03/2009
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Oh brother, 79 people showed up and dumped a jug of Arizona Green Tea in the river.
The stuff is made in Canada!

It's silly to bailout crooked banks and AIG especially since the same people who help create this mess are STILL in charge And no criminal charges have even been raised.

Refocus your anger people.

    Favorite    Flag as abusive Posted 08:58 PM on 03/03/2009
- martykz I'm a Fan of martykz 4 fans permalink

A way of thinking about the importance of AIG to the world economy is to consider the importance of your liver to you. You may give up a kidney, a Lehman or Merrill, or a spleen, WaMu, or Citi, but do take care of that one and only. This, of course presupposes that the market is the heart and the current government (Obama!) the brain.

    Favorite    Flag as abusive Posted 09:46 PM on 03/03/2009
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This liver is diseased, there's cirrhosis and hepatitis C, I'm afraid the diagnosys is more than grim. However, unlike a healthy liver in a real human being this one's made of paper, let it die and take the funds to support real livers in real human beings.

    Favorite    Flag as abusive Posted 11:38 PM on 03/03/2009
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i was hopping his show was canceled..­........an­other one of limbaughs republican followers. rejected by the american people but embraced by the disgusting msm that passes for news.

    Favorite    Flag as abusive Posted 08:42 PM on 03/03/2009
- confused17 I'm a Fan of confused17 3 fans permalink

Like Santelli, almost all of the CNBC talking heads spew vitriol, slamming other people’s predictions and demanding apologies from them when their speculations are proven wrong. But, when a CNBC head makes a bad call and gives advice that later costs its viewers a bucket of cash, there is no apology. No acknowledgement. It is as if the comment were never uttered. That individual investor/viewer is solely “at fault” for his/her actions; the person claiming to be an “expert” and who gave clear and direct advice on the issue bears no responsibility for the devastating outcome. Hmmmm, kinda like a lot of those bad mortgages…­…..

Hypocrisy is as hypocrisy does, Mr. Santelli..­..and CNBC.

It takes two sides to make a mortgage. Vilifying anonymous, unsophisticated people who will never be guests on your network shows you to be a spineless bully. And, in the scheme of who has created the greater monetary damage in this financial disaster, I think your focus and your energy are misguided.

While I love The Daily Show, Mr. Santelli and CNBC don't deserve the air time.

    Favorite    Flag as abusive Posted 08:37 PM on 03/03/2009
- JRsNana I'm a Fan of JRsNana 19 fans permalink

I agree with everything until the final sentence confused17. I think Santelli and CNBC should get all the air time The Daily Show and anyone else will give them so people will understand that what they are doing is harmful the United States and its economy and its people. They are shills doing infomercials for banks and insurance companies and stock traders. They are sleeping with the money guys and lying about it to all of us. The more light shed on this whole situation, the better, IMHO.

    Favorite    Flag as abusive Posted 10:57 AM on 03/14/2009
- pjean I'm a Fan of pjean 10 fans permalink

I knew this guy was a fraud. He like Joe the not plumber wanted their 15 minutes of fame too bad it is now backfiring on them. As mom always said, God hates ugly.

    Favorite    Flag as abusive Posted 08:35 PM on 03/03/2009
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